The consumer confidence indicator in Belgium increased to -9 in February of 2021, from -10 in the prior month. Consumers appeared less pessimistic overall, as unemployment concerns dropped (48 from 54 in January), followed by an easing in savings intentions (13 from 17). Meanwhile, the general economic trend in Belgium was seen slightly less negative (-4 from -5), while consumers reviewed their financial situation a bit lower (2 from 4). source: National Bank of Belgium

Consumer Confidence in Belgium averaged -7.39 points from 1985 until 2021, reaching an all time high of 16 points in August of 2000 and a record low of -28 points in January of 1985. This page provides - Belgium Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Consumer Confidence in Belgium is expected to be -13.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Belgium to stand at -10.00 in 12 months time. In the long-term, the Belgium Consumer Confidence is projected to trend around -10.00 points in 2022 and -5.00 points in 2023, according to our econometric models.

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Belgium Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -10.00 16.00 -28.00 1985 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 10:00 AM Nov -15 -17 -21
2020-12-17 10:00 AM Dec -8 -15 -12
2021-01-21 10:00 AM Jan -10 -8 -6
2021-02-18 10:00 AM Feb -9 -10 -9
2021-03-22 10:00 AM Mar
2021-04-22 09:00 AM Apr
2021-05-21 09:00 AM May
2021-06-21 09:00 AM Jun


News Stream
Belgium Consumer Confidence Edges Higher
The consumer confidence indicator in Belgium increased to -9 in February of 2021, from -10 in the prior month. Consumers appeared less pessimistic overall, as unemployment concerns dropped (48 from 54 in January), followed by an easing in savings intentions (13 from 17). Meanwhile, the general economic trend in Belgium was seen slightly less negative (-4 from -5), while consumers reviewed their financial situation a bit lower (2 from 4).
2021-02-18
Belgium Consumer Morale Worsens in January
The consumer confidence indicator in Belgium decreased to -10 in January of 2020 after last month’s strong improvement to -8. Consumers appeared more pessimistic about the general economic trend in Belgium over the next twelve months (-5 vs -3 in December), amid concerns about the worsening epidemiological situation and tighter restrictions. At the same time, fears of a rise in unemployment increased a bit (54 vs 51). On the personal front, consumers' outlook regarding their financial situation remained unchanged (at 4) and their savings intentions went down slightly (17 vs 20).
2021-01-21
Belgium Consumer Confidence Highest in 10 Months
The consumer confidence indicator in Belgium rose for the second month to -8 in December of 2020 from -15 in November, reaching the highest level since February. Expectations about the general economic situation were at a more than 2-year high on vaccination hopes and an expected exit from the crisis in 2021. Fears of a rise in unemployment over the next twelve months have continued to fade but still remain well above pre-health-crisis levels. On a personal front, whether it concerns their future financial situation or their savings prospects, households seem more optimistic than a month ago. Their savings intentions remain particularly favourable.
2020-12-17
Belgium Consumer Confidence Improves in November
The consumer confidence indicator in Belgium rose to -15 in November 2020, from -17 in the previous month, as fears of a rise in unemployment eased (59 vs 62 in October), although remaining at a very high level. At the same time, households' assessment of the change in the general economic situation expected in Belgium over the coming twelve months remained unchanged (at -20). On the personal front, consumers' outlook regarding their financial situation has remained virtually unchanged (1 vs 2) and their savings intentions have been scaled back (10 vs 17).
2020-11-20

Belgium Consumer Confidence
In Belgium, the consumer confidence indicator supplies concise information on consumers’ confidence regarding the progress of the economy. The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money. The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year.